Chartered Universe — AI workspace for chartered accountants
LoginSign Up
Back to Articles
Tax & ComplianceTaxGuru

Fema / RBI | FERA Export Proceeds Liability Upheld, Penalty Reduced to ₹30 Lakh by SAFEMA Tribunal

18 Sept 2026 · 1d agoBy CA Vijayakumar Shetty

SAFEMA Tribunal upholds director’s FERA liability for unrealised export proceeds but reduces ₹3 crore penalty to ₹30 lakh. The post FERA Export Proceeds Liability Upheld, Penalty Reduced to ₹30 Lakh by SAFEMA Tribunal appeared first on TaxGuru .

This article was aggregated from TaxGuru. Continue reading for the complete story.

Read on TaxGuru

More Articles

General

HAL to restart production of Sukhoi Su-30MKI fighter jets at Nashik facility: Report

Besides new production, HAL's Nashik facility is expected to play a key role in a major upgrade of the existing Su-30MKI fleet.

Business Today

General

undefined

undefined

Business Today

General

#IndiaAt100 : Hisashi Takeuchi On Driving India’s Manufacturing Revolution

India’s ambition to become a global manufacturing powerhouse is accelerating, with the automobile industry at the centre of this transformation. In this #IndiaAt100 session, Hisashi Takeuchi, MD & CEO, Maruti Suzuki India, discusses how manufacturing can drive India’s next phase of growth. From loca

Business Today

General

Kaynes Tech share price: Jefferies, JPMorgan, Investec, CLSA - Highest & lowest targets

For Nuvama, Kaynes Tech’s Q1 print was a mixed bag. It noted that Kaynes' profit fell 24 per cent YoY, which was 7 per cent below its estimate, led by lower other income and higher tax rate.

Business Today